MDPL vs. MUSQ ETF Comparison

Comparison of Monarch Dividend Plus Index ETF (MDPL) to MUSQ Global Music Industry ETF (MUSQ)

MDPL

Monarch Dividend Plus Index ETF

MDPL Description

MPDL tracks an equal-weighted index of 30 dividend-paying US stocks that are expected to provide dividend income and capital appreciation.

Grade (RS Rating)

Last Trade

$27.32

Average Daily Volume

4,985

Number of Holdings ^*

* may have additional holdings in another (foreign) market

MUSQ

MUSQ Global Music Industry ETF

MUSQ Description

The index is comprised of publicly-traded global companies that generate at least 50% of their annual revenue or $1 billion in annual sales from one or more of the sub-segments of the global music industry. Under normal circumstances, the fund will invest at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in securities of Global Music Investments. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$23.99

Average Daily Volume

1,596

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	MDPL	MUSQ
30 Days	3.67%	1.59%
60 Days	2.66%	6.19%
90 Days	3.80%	1.42%
12 Months		-0.05%

0 Overlapping Holdings

	Symbol	Grade	Weight in MDPL	Weight in MUSQ	Overlap

MDPL Overweight 30 Positions Relative to MUSQ

Symbol	Grade	Weight
OVV	B	3.53%
TAP	C	3.52%
OC	A	3.47%
GPC	D	3.44%
CVS	D	3.42%
CI	F	3.41%
FANG	D	3.39%
DG	F	3.39%
JNJ	D	3.37%
AMCR	D	3.36%
WTW	B	3.35%
CABO	C	3.34%
ALSN	B	3.34%
SSNC	B	3.33%
SON	D	3.33%
CMCSA	B	3.32%
NXST	C	3.31%
MKTX	D	3.3%
RGLD	C	3.3%
G	B	3.29%
HSY	F	3.28%
KR	B	3.28%
GPK	C	3.26%
SJM	D	3.24%
CTSH	B	3.24%
STLD	B	3.21%
ELV	F	3.21%
MRK	F	3.18%
CAG	D	3.17%
IPG	D	3.12%

MDPL Underweight 15 Positions Relative to MUSQ

Symbol	Grade	Weight
AMZN	C	-5.56%
GOOGL	C	-5.31%
SPOT	B	-4.87%
SONY	B	-4.82%
AAPL	C	-4.79%
IHRT	C	-4.05%
LYV	A	-3.75%
SONO	C	-3.25%
WMG	C	-3.24%
EDR	A	-3.1%
DLB	B	-3.09%
TSQ	D	-3.05%
TME	D	-2.96%
MSGE	F	-2.75%
RSVR	A	-1.41%